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State govt to borrow Rs 2,000 cr to fund projects

The state government, which has a debt projection of Rs 6.5 lakh crore, has decided to float a loan of Rs 2,000 crore to finance development projects in the state. "Public borrowings take place through the year. Public notices are issued so the government is aware of the most competitive interest rate," said a senior state official.

from Mumbai News: Latest Mumbai News Headlines & Coronavirus News Updates from Mumbai - Times of India https://ift.tt/CA6qGIb
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